Ratio analysis Use the following information

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Ratio analysis Use the following information to complete the balance sheet below Use 365 day calendar Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45%

 

 

 

Week 1 (Textbook Assignment 1) Financial Statement Analysis (Chp 3) 

 

Ratio Analysis Use the following information to complete the balance sheet below.  Hint: use 365 day calendar.

Current ratio = 5
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turnover = 8
Total asset turnover = .75
Debt ratio = 45% 
















































Cash


 


Current Liabilities


 5,000,000


Accounts Receivable


 


Long-term Debt


 


Inventory


 


Total Debt


 


Current Assets


 


Stockholders’ Equity


 


Fixed Assets


 


 


 


 


 


 


 


Total Assets


 


Total Liabilities & Equity

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